New Delhi: Share price of State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) on Thursday jumped 3% after the company said it has bagged orders worth ₹3,200 crore for hydro projects in Andhra Pradesh and Telangana.
“BHEL has bagged significant orders, valued at ₹3,200 Crore, for Electro-Mechanical (E&M) works for a Hydro Electric Project (HEP) in Andhra Pradesh and E&M (electrical and mechanical) works of Pump-Motor sets for Lift Irrigation Schemes (LIS) in Telangana,” BHEL said in its regulatory filing.
At 2:10 pm on Thurs the company’s scrip on NSE was trading 3% higher at ₹36.50 as compared to its previous closing of ₹35.40.
The order for E&M works for 12×80 MW Polavaram hydro power project in Andhra Pradesh envisages manufacture and supply of India’s highest unit-rating Kaplan hydro turbines, the company said.
